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3D Printing Elastomers Market Report Scope & Overview:

The 3D Printing Elastomers Market is evaluated to be worth USD 343.89 million in 2022 and USD 2.60 billion by 2030, with a CAGR of 28.8% from 2023 to 2030.

3D printing is a manufacturing technology that uses a digital file to create three-dimensional objects. The additive processes of sequential layers of material are employed in 3D printing to construct items. Because of its high precision and resource efficiency. In addition, 3D printing solutions such as resin 3d printers, 3d printer filament, and Industrial 3D printing services have gained appeal in a range of industries for the creation of bespoke objects.3D printing was previously solely utilised for rapid prototyping. 3D printing is increasingly being used for functional testing of prototypes in working environments as well as the fabrication of finished goods as technology progresses and applications grow.

3D Printing Elastomers Market Revenue Analysis

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Market Dynamics:

KEY DRIVERS:

In the car business, 3D printing is revolutionising the manufacturing process. The advancement of technology has enabled the construction industry to produce more complex and lighter structures at lower costs. 3D-printed parts are used in a lot of Formula 1, supercars, and concept cars. BMW, for example, is working with leading 3D printing businesses such as EOS GmbH Electro Optical Systems and Carbon to produce 3D-printed commercial vehicle parts.

RESTRAINTS:

Although 3D printing is a more efficient way of producing products, it is expensive due to the high cost of materials, which is a major market constraint. The higher pure and structure attribute for 3D printing have resulted in these high prices. Elastomer materials for 3D printing typically cost between USD 250.0 and USD 500.0 per liter, making them prohibitively expensive to use in most applications because the final product cost is high when compared to other products on the market.

OPPORTUNITIES:

Although 3D printing technology has been around for 30 years, the availability of home 3D printers has caused a surge in interest. These home printers are inexpensive, which is driving up demand for 3D printers at home, resulting in rapid growth in the 3D printing elastomers market. These printers are currently available in homes, workplaces, computer stores, and shopping malls, allowing users to make low-cost products in a relatively short amount of time. As a result, the market for 3D printing elastomers benefits from the growing popularity of 3D printing technology in home printing.

CHALLENGES:

The high cost of 3D printing elastomeric materials has been a major source of concern in the market's development. There are numerous applications for 3D printing elastomers that have been identified, but they are limited by their high costs. For all researchers and significant manufacturers, developing low-cost solutions for manufacturing 3D printing elastomers is a serious challenge. Due to their high cost, 3D printing materials are exclusively used in high-end and luxury vehicles.

IMPACT OF COVID-19:

COVID-19 is an unprecedented global public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence industry growth during the forecast period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The updated study considers the impact of COVID-19 on the market and provides insights, analysis, projections, and forecasts.

Market Segmentation:

By Material:

  • TPE (Thermoplastic Elastomer)

  • SBR ( Styrene-Butadiene Rubber) & SBS (Styrene-Butadiene Styrene)

  • Others

By Technology

  • FDM/FFF

  • SLA

  • SLS

  • Others

By Application

  • Consumer Electronics

  • Industrial

  • Aerospace

  • Automotive

  • Healthcare

  • Defense

  • Education and research

  • Others

By Form

  •  Powder

  •  Filament

  •  Liquid

3D Printing Elastomers Market Segmentation Analysis

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REGIONAL ANALYSIS:

The Global 3D Printing Elastomers Market is divided into four regions based on regional analysis: North America, Europe, Asia Pacific, and the Rest of the World. Because of the significant presence of major 3D printing elastomers manufacturers such as carbon Inc, and 3D printing systems in the region, North America held the greatest revenue share and is anticipated to keep it during the forecast period.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 Key Players:

Carbon Inc, Formlabs, BASF SE, 3D Systems Inc, Stratasys Ltd, Proto Labs Inc, Henkel, Materialise NV, EOS, Dow Chemical Company, Evonik Industries AG, Arkema SA, Sinterit, The Lubrizol Corporation, ExOne, Zortrax, HP Development Company L.P., LANXESS, Voxeljet AG, Impossible Objects and  EnvisionTEC are some of the leading players in the 3D printing elastomers market. 

Carbon Inc-Company Financial Analysis

 

3D Printing Elastomers Market Report Scope
Report Attributes Details
Market Size in 2022 US$ 343.89 Million
Market Size by 2030 US$ 2.60 Billion
CAGR CAGR of 28.8% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Material (TPE, SBR, and SBS, Others)
• By Technology (FDM/FFF, SLA,SLS,Others)
• By Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and research,Others)
• By Form (Powder, Filament, Liquid)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Carbon Inc, Formlabs, BASF SE, 3D Systems Inc, Stratasys Ltd, Proto Labs Inc, Henkel, Materialise NV, EOS, Dow Chemical Compan, Evonik Industries AG, Arkema SA, Sinterit, The Lubrizol Corporation, ExOne, Zortrax, HP Development Company L.P., LANXESS, Voxeljet AG, Impossible Objects and  EnvisionTEC are some of the leading players in the 3D printing elastomers market.

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: Carbon Inc (US)., Formlabs (US), BASF SE (Germany), 3D Systems Inc. (US), Stratasys Ltd.(Israel), Proto Labs Inc. (US), Henkel (Germany), Materialise NV (Belgium), EOS (Germany), Dow Chemical Company(US) Evonik Industries AG (Germany), Arkema SA (France), Sinterit (Germany), The Lubrizol Corporation (US), ExOne (US), Zortrax (Poland), HP Development Company, L.P. (US), LANXESS (Germany), Voxeljet AG (Germany), Impossible Objects (US), and  EnvisionTEC (Germany) are some of the leading players in the 3D printing elastomers market. 

Ans: The High cost of Materials are the restraints for Global 3D Printing Elastomers Market

 

Ans: Secondary type of research done by this reports.

Ans:  The market for 3D printing elastomers is expected to be worth USD 282 million in 2022 and USD 1303 million by 2028, with a CAGR of 29.0% from 2022 to 2028.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. 3D Printing Elastomers Market Segmentation, By Material

8.1 TPE (Thermoplastic Elastomer)

8.2 SBR (Styrene-Butadiene Rubber) & SBS (Styrene-Butadiene Styrene)

8.3 Others

9. 3D Printing Elastomers Market Segmentation, By Technology

9.1 FDM/FFF

9.2 SLA

9.3 SLS

9.4 Others

10. 3D Printing Elastomers Market Segmentation, By Application

10.1 Consumer Electronics

10.2 Industrial

10.3 Aerospace

10.4 Automotive

10.5 Healthcare

10.6 Defense

10.7 Education and research

10.8 Others

11. 3D Printing Elastomers Market Segmentation, By Form

11.1 Powder

11.2 Filament

11.3 Liquid

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

13. Company Profiles

13.1 Carbon Inc

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Formlabs

13.3 BASF SE

13.4 3D Systems Inc.

13.4 Stratasys Ltd

13.5 Proto Labs Inc.

13.6 Henkel

13.7 Materialise NV

13.8 EOS

13.9 Dow Chemical Company

13.10 Evonik Industries AG

13.11 Arkema SA

13.12 Sinterit

13.13 The Lubrizol Corporation

13.14 ExOne

13.13 HP Development Company L. P.

13.16 LANXESS

13.17 Voxeljet AG

13.18 Impossible Objects

13.19EnvisionTEC

13.20 Zortrax

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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Primary Research

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Data Bank Validation

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